Cashplus Business Account is approved in a few minutes, and not weeks. Cashplus just needs to confirm the authenticity of the name of the business or organisation and business address to approve the account within seconds.

To open Cashplus Business Account, users will be required to provide details such as:

  • Business details: Type of business – Limited Company; Sole Trader; Partnership. Details to be provided vary on the type pf business selected.

    • Limited Company: Business name, company registration number, type of industry, number of employees, business name as it should appear on card, additional questions about the business such as is the person a contractor or freelancer, interested in hearing about business insurance, expected monthly spend on Cashplus account, does the business or organisation have a website.
    • Sole Trader/Partnership: Business type, business name, type of industry, number of employees, business name as it should appear on card, additional questions about the business such as is the person a contractor or freelancer, interested in hearing about business insurance, expected monthly spend on Cashplus account, does the business or organisation have a website
  • Once the business details are entered provide personal information and put the account into processing.

It takes ~4 minutes to apply for a Cashplus business account and a few seconds to open it. Key benefits include:

  • Fast online application processing
  • No credit check to open an account
  • Instant online decision making
  • Ready to accept payments
  • Sort code and account number instantaneously offered
  • More time left to focus on core business activities

The Cashplus business account is intended for small businesses and the offerings are designed by people who have experienced the nuances of setting up a business. Cashplus understands what actual it is like to setup a small business in the United Kingdom, and it also recognises what customers need to do to enhance the business activities and increase the top-and-bottom line. It was named by PayBefore as ‘top challenger bank 2017’, and its solutions provide users access the business current account features they need. Benefits include:

  • Faster debit and credit payments
  • Business expense cards
  • Pay in & withdraw cash at the Post Office
  • Business iDraft (subject to affordability and admissibility)
  • Integrated with accounting software
  • No monthly fees – just £69 per annum

Cashplus aims to offer small businesses in the United Kingdom the best opportunity to succeed with simple, smart, and fast banking services. Solutions are tailored to cater to all sectors from construction to healthcare. Through its Mobile App, users get to experience the more of the banking services they need, rather than facing any hassle. Every feature of Cashplus Business Account can be gained access to 24/7, from any location, from a mobile phone or iPad.

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